What Can We Learn From Westport Fuel Systems Inc. (WPRT)’s Valuation Ratios?

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Westport Fuel Systems Inc. (NASDAQ:WPRT) traded with a subtraction of -$0.05 to $0.96 on Thursday, a downside of -4.95 percent. An average of 582,888 shares of common stock have been traded in the last five days. There was a fall of -$0.0936 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 602,827 shares traded, while the 50-day average volume stands at 792,293.

WPRT stock has decreased by -3.81% in the last month. The company shares reached their 1-month lowest point of $0.9664 on 09/22/22. With the stock rallying to its 52-week high on 03/08/22, shares of the company touched a low of $0.95 and a high of $3.96 in 52 weeks. It has reached a new high 3 times so far this year and lost -57.38% or -$1.4036 in price. In spite of this, the price is down -75.79% from the 52-week high.


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Valuation Metrics

Westport Fuel Systems Inc. (WPRT) stock’s beta is 2.95. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.57, the price-to-book (PB) ratio at 0.57.

Financial Health

The quick ratio of Westport Fuel Systems Inc. for the three months ended June 29 was 1.60, and the current ratio was 2.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.18 and a total debt to equity ratio of 0.27 for the quarter ending June 29. Its gross profit as reported stood at $48.15 million compared to revenue of $312.41 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Westport Fuel Systems Inc.’s return on assets was -0.90%.

Earnings Surprise

For the three-month period that ended June 29, Westport Fuel Systems Inc. had $35.31 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $40000.0 in the quarter, while revenues were grew 78825.0%. The analyst consensus anticipated Westport Fuel Systems Inc.’s latest quarter earnings to come in at -$0.02 per share, but it turned out to be $0.11, a 650.00% surprise. For the quarter, EBITDA amounted to -$5.71 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Westport Fuel Systems Inc. (WPRT) price momentum. RSI 9-day as of the close on 21 September was 30.06%, suggesting the stock is Neutral, with historical volatility in this time frame at 44.24%.

As of today, WPRT’s price is $1.0133 -8.83% or -$0.0936 from its 5-day moving average. WPRT is currently trading -17.40% lower than its 20-day SMA and -18.79% lower than its 100-day SMA. However, the stock’s current price level is -11.34% below the SMA50 and -57.61% below the SMA200.

The stochastic %K and %D were 7.73% and 7.73%, respectively, and the average true range (ATR) was 0.0518. With the 14-day stochastic at 0.00% and the average true range at 0.0596, the RSI (14) stands at 36.67%. The stock has reached -0.0530 on the 9-day MACD Oscillator while the 14-day reading was at -0.0609.

Analyst Ratings

JP Morgan launched coverage on Westport Fuel Systems Inc. (NASDAQ: WPRT) in its analyst report released on September 09, 2021. The firm assigned the stock a Neutral rating.

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